1.prepare a multiple step-income statement 2.prepare statement of cost of goods

Problem 6-6 $ 7,500,000 200,000 240,000 360,000 Sales Inventories January 1 Raw materials Goods in process Finished goods Inventories December 31 Raw materials Goods in process Finished goods Accounting and legal fees Advertising Delivery expenses Depreciation-machinery Depreciation office equipment Depreciation-store equipment Direct labor Earthquake loss Factory supplies used Gain from expropriation of asset Gain on sale of equipment Income tax expense Indirect labor Interest income Light, heat, and power Office expenses Office salaries Purchases Rent-factory building Repair and maintenance machinery Sales returns and allowances Sales salaries Superintendence 280,000 170,000 300,000 150,000 160,000 200,000 60.000 40,000 70,000 950,000 300,000 110,000 100,000 100,000 320,000 250,000 10,000 320,000 250,000 150,000 3,000,000 120,000 50.000 50,000 400,000 210,000 Required: Prepare a multiple-step-income statement with supporting statement of costo manufactured